Your pension fund is worth almost nothing? Find out why. | Dr. Christopher Sier | TEDxOxBridge The fund management industry takes a lot more than it gives. And what it takes is often disguised and hidden in implicit costs.
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The pension fund system is broken by low returns, high fees, and rampant corruption on all levels. This article suggests reforms, but the simpler and better answer might be to scrap it altogether and just pay pensioners directly instead of enriching Wall Street with this $5 trillion unsustainable government set-aside.